As a business owner in Cyprus you know how important it is to safeguard your assets... The money your company earns is the result of hard and continuous work. So protect your money, and by extension your company, with Trust's money loss insurance. Take advantage of the ability to choose coverage limits based on your business needs. Trust has created a comprehensive money insurance program that provides coverage where money is kept inside or outside of a safe, in the event of damage to a safe, or money in transit. With Trust's insurance program, the security of your business finances is assured. Contact a Trust Insurance advisor today!
Money out of a locked safe while premises are closed for business
Money inside a locked safe while premises are closed for business
Money while in the premises during business hours
Money in the home of the Insured or other registered insured persons entrusted with the money custody
Damage to safe box
Transfer of money
Financial Loss Insurance FAQ
What are the requirements for this policy?
To provide all the information required in the insurance policy or any other Form in full clarity
Pay premiums according to the payment plan as listed on your insurance policy table
Take all necessary measures to avoid bodily harm, loss or damage and comply with the provisions of the legislation
Notify the company in case of change that will increase the level of risk
Refer to the Company immediately and provide them with full details of the claim in writing
Take reasonable precautions to prevent or reduce the claim extension
Non-acceptance of liability, offer, promise or payment without the written consent of the Company
Comply with the terms of the insurance policy
Are there any cover limitations in the coverage?
The deductible amount is the amount or percentage that is not covered and/or deducted from the amount for each claim separately.
There is a detailed list of coverage limitations in the insurance policy.
Am I covered only in Cyprus?
Cover is limited to the address of the Insured's premises and the cover for loss of money in transit is valid throughout the Republic of Cyprus. The geographical area to which the cover applies is specified in the Schedule of the policy.
What is money loss insurance?
This type of insurance policy provides coverage for financial losses that result from theft or other forms of loss of money.
What types of businesses typically need money loss insurance?
Any business that relies on its ability to operate in order to generate revenue may benefit from money-loss insurance. This can include companies in various industries, including retail, manufacturing, and hospitality.
How much “money loss insurance” does my company need?
The amount of money loss insurance needed may vary depending on the size and scope of the business, the types of services provided, and the potential risks and liabilities the business faces. Companies should consult with our Trust Insurance agents to determine the appropriate level of coverage for their needs.
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